The ETF is Not Compliant because of its classification in Alternative Other.
CVRD – Madison Covered Call ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- Equity
- Alternative Other
- ETF
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Impure Income
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Zakat per Share*
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Purification
Debt
0.00%
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Non-Compliant Assets
0.00%
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Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
0.00%
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Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
-
Debt
0.00%
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Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
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ETF Objective
The Fund seeks to provide consistent total return and secondarily, to produce a high level of income and gains. It will seek to achieve its objectives by investing in common stocks of equity securities that pay dividends and writing covered call options on a substantial portion of its portfolio of securities.
We do our best to screen stocks as accurately as possible. Please let us know in the Community if you spot an error or find something questionable. Jazaak Allahu khairan.
